Traditional Culture Encyclopedia - Traditional festivals - What is the middle and lower reaches of the industrial chain?
What is the middle and lower reaches of the industrial chain?
The middle and lower reaches of the industrial chain refer to the relationship and interdependence between different links in an industry.
Upstream refers to the raw material suppliers and equipment manufacturers in the industrial chain, who provide the required raw materials and equipment for downstream enterprises.
Midstream refers to an enterprise that processes raw materials into semi-finished products or assembles them into parts. They are the link between upstream and downstream.
Downstream refers to enterprises that process semi-finished products or parts into final products and sell them to consumers. They are the last link in the industrial chain.
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